Listed at
$710,000
$498/sqft

Hegfors Lts Town Of Morse

1756 Grant Mcmahan Boulevard, Ely, MN, 55731
3  Bedrooms3  Bathrooms1,427  Square Feet2.69  Acres
Days on market46
Year built1963
Garage spaces2
TypeResidential
Est. $18,300buyer credit when you buy with SODL
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About this home

Newly remodeled with a casual elegant easy feel, this 2,854 sq ft home rests on 211 feet of south-facing shoreline—gradual, inviting, and among the finest views on the lake. From nearly every room, light and water unfolds as sunsets pour through Marvin windows into the lakefront living room, while the updated kitchen with island opens through glass doors onto a lakeside deck. The main level offers a serene primary suite with private ¾ bath, two additional bedrooms, and a full bath. Below, the walkout level holds unlimited possibilities: a second master suite, flexible rec or game room, workshop, you name it, and of course - a private lakeside patio. A 2½-stall garage, central air, beautiful yard, reliable internet, and a dock complete the picture. Just miles from Ely and the edge of the Boundary Waters yet set back on a paved drive off a quiet paved road. Shagawa holds some of area’s finest walleye and you can fish almost year-round. Fantastic swimming, kayaking, and fishing begin at the dock. A rare and graceful lakeside home, ready for every season.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1963
LevelsOne
Living area1,427 sqft
Above-grade finished1,427 sqft
Below-grade finished0 sqft
Lot size2.69 acres (588x200)
Days on market46
ListedAug 11, 2026
MLS #NST7124426
CountySt. Louis
SubdivisionHegfors Lts Town Of Morse
Parcel #465011000150

Facts & features

Interior

Bedrooms
3
Bathrooms
3
Bath breakdown
1 full / 2 3/4
Heating
Forced Air
Cooling
Central Air
Basement
Unfinished, Walkout · 0 sqft finished

Property

Levels / stories
One
Garage
2 spaces · 16X24 · 384 sqft
Parking features
Detached Garage, Gravel, Open
Patio & porch
Patio
Exterior features
Vinyl
Other structures
Storage Shed

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Frame
Foundation
Block · 1,427 sqft
Year built
1963

Utilities

Water
Private
Sewer
Private Sewer
Fuel
Propane
Electric
200+ Amp Service

Community & HOA

Subdivision
Hegfors Lts Town Of Morse
HOA
No HOA
School district
696 - Ely
High school district
Ely

Financial & listing details

Annual tax
$3,718 (2026)
Tax with assessments
3803
Listed
Aug 11, 2026
Days on market
46
Manufactured home
Yes

Interior details

Total bathrooms3
Full baths1
3/4 baths2
Half baths0
1/4 baths0
BasementUnfinished, Walkout
HeatingForced Air
CoolingCentral Air
Fireplaces1
AccessibilityNone
Special features3 BR on One Level

Exterior & lot

ExteriorVinyl
FoundationBlock
Foundation area1,427 sqft
Patio/porchPatio
Lot featuresAccessible Shoreline
ZoningResidential-Single Family

Utilities

Water sourcePrivate
SewerPrivate Sewer
FuelPropane

Parking & garage

ParkingDetached Garage, Gravel, Open
Garage spaces2
Garage size384 sqft

Financial details

Annual taxes$3,718
Tax year2026
Taxes w/ assessments3803
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District696 - Ely
District number696
District phone2183656166
High schoolEly
SODL flat fee brokerage
$18,300Estimated buyer credit
SODL platform fee $3,000Your buyer credit $18,300

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$4,278/mo
Principal & interest$3,731
Property taxes$310
Home insurance (est.)$237
%
$142,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

1756 Grant Mcmahan Boulevard, Ely, MN, 55731

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Listing information

MLS #NST7124426
StatusActive
Last updatedAug 18, 2026, 5:40 PM
Originally listedAug 13, 2026, 12:00 AM
Listing officeZ'Up North Realty, Inc.

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.